Trade, Industry and Competition Minister Parks Tau has received the Competition Commissions Media and Digital Platforms Market Inquiry report for tabling in Parliament.
Speaking at the release of the report in Sandton, Johannesburg, the minister notes that the shift to online news consumption facilitated by global search and social media platforms has decimated advertising revenue that sustained traditional media in the country.
Tau argued that the resulting downsizing and media closures over the past five years are a direct threat to democracy, media diversity and plurality.
